Showing 1 - 9 of 9
This paper examines allocation of local public goods over jurisdictions (villages) with individuals with identical tastes and different incomes, in a model with democratic institutions and majority rule. The median voter (in income) in each jurisdiction determines the probability of re-election...
Persistent link: https://www.econbiz.de/10005057558
This paper examines how citizens decide on their reservation utilities (expectations), in a model with democratic institutions and majority rule. If all individuals have identical incomes, then political competition amongst citizens, to attract resources from the government brings reservation...
Persistent link: https://www.econbiz.de/10008500920
This paper examines allocation of local public goods over jurisdictions (villages) with individuals with identical tastes and different incomes, in a model with democratic institutions and majority rule. The median voter (in income) in each jurisdiction determines the probability of re-election...
Persistent link: https://www.econbiz.de/10005115670
Persistent link: https://www.econbiz.de/10003901311
Persistent link: https://www.econbiz.de/10003355810
Persistent link: https://www.econbiz.de/10011773826
Persistent link: https://www.econbiz.de/10011774218
In a probabilistic voting model with three jurisdictions with residents with different income levels, we demonstrate that it is always optimal to distribute tax revenues as public good to only the residents of richest and median income jurisdictions. In this context, we compare the overall...
Persistent link: https://www.econbiz.de/10013000371
This paper examines allocation of local public good over three jurisdictions with individuals with heterogeneous tastes, in a model with democratic institutions and majority rule. When electoral uncertainty across individuals is perfectly correlated, the jurisdiction with the median voter gets...
Persistent link: https://www.econbiz.de/10014128796